Public debt management agency powers enable central government to fund, direct and entrust issuance and management of government securities. Creates a Public Debt Management Agency under Central Government superintendence to minimise long term debt cost and risk, governed by a Board of executive and nominee members, and eligible to receive grants or loans from the Central Government to perform its functions, including collecting and publishing public debt information, trading and re issuing Government securities, undertaking debt management transactions, being entrusted with issuance of securities, making payments to security holders, receiving governmental directions, and enjoying tax exemption.
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Provisions expressly mentioned in the judgment/order text.
Public debt management agency powers enable central government to fund, direct and entrust issuance and management of government securities.
Creates a Public Debt Management Agency under Central Government superintendence to minimise long term debt cost and risk, governed by a Board of executive and nominee members, and eligible to receive grants or loans from the Central Government to perform its functions, including collecting and publishing public debt information, trading and re issuing Government securities, undertaking debt management transactions, being entrusted with issuance of securities, making payments to security holders, receiving governmental directions, and enjoying tax exemption.
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